USA - NASDAQ:MZTI - US5138471033 - Common Stock
Overall MZTI gets a technical rating of 4 out of 10. MZTI has been a bad performer in the overall market. Some doubts are observed in the medium term time frame, but recent action was again very positive.
MZTI has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
170.42
When analyzing the resistance we notice one important area.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for MZTI is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for MZTI is up. |
| ChartMill Relative Strength | 0 | NEGATIVE | MZTI has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of MZTI is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of MZTI is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 57.82 | NEUTRAL | The RSI value for MZTI is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 1.37 | POSITIVE | The MACD value suggests MZTI has a positive trend. |
| Stochastics (14,3) | 90.35 | OVERBOUGHT | The high Stochastics value suggests MZTI may be overbought. |
| Average True Range in percent/ATR (20) | 2.4 | MEDIUM VOLATILITY | The ATR as a percentage value for MZTI suggests some volalility. |
| Average Directional Index/ADX (14) | 36.23 | POSITIVE | The high ADX value value for MZTI suggests a strong trend. |
172.14
-1.62 (-0.93%)
ChartMill assigns a technical rating of 4 / 10 to MZTI.
The current trend direction for MARZETTI COMPANY/THE (MZTI) is Bullish.
MARZETTI COMPANY/THE (MZTI) has an RSI value of 57.8197. This indicates that the stock is currently neutral.
The MACD indicator for MARZETTI COMPANY/THE (MZTI) has a value of 1.37117, indicating a bullish trend.
MARZETTI COMPANY/THE (MZTI) has a resistance level at 183.98. Check the full technical report for our detailed analysis of MZTI support and resistance levels.